Category: financial elder abuse

ATTORNEY NEWSLETTER According to an article in the Glendale News Press in December 2013, a 52- year-old man named Kaveh Vahedi was sentenced to prison. The defendant allegedly scammed millions of dollars out of many victims. It was alleged that his own elderly parents were victims of his scam. According […]

ATTORNEY NEWSLETTER The definition of undue influence contained in Welfare and Institutions Code, section 15610.70 was amended by the state of California at the start of 2014. The updated definition of undue influence applies to financial elder abuse and testamentary dispositions. In the past, in order to prove undue influence […]

ATTORNEY NEWSLETTER People attending a financial seminar in Los Angeles got more than they planned for when one of the guest speakers was arrested. The guest speaker was arrested on financial elder abuse charges. Jose Carbajal, the guest speaker who was arrested, is a 45 year-old financial advisor. Los Angeles […]

ATTORNEY NEWSLETTER A Los Angeles area insurance agent accused of defrauding senior citizens was sentenced to five years in jail and ordered by the court to pay $1.2 million to compensate his victims.  He will serve his lockup time at the Los Angeles County Jail.   He was accused of participating […]

ATTORNEY NEWSLETTER Police have arrested six California suspects for allegedly participating in scams that defrauded senior citizens in Texas and Nebraska.  Authorities think that there may be more victims that have yet to be identified.  Senior citizens are often targeted for financial fraud because they have money and are seen […]

ATTORNEY NEWSLETTER Financial scams that target the elderly have long been a concern for officials in Sonoma County.  Four recent financial elder abuse cases in Petaluma have police on the alert.  Four recent cases in Petaluma have cost the senior citizen victims more than $219,000.  Police say that they get […]

ATTORNEY NEWSLETTER Dealing with dementia in a parent or older relative is never easy, and having to handle issues of money or control with that family member or other relatives can put unnecessary stress on an already painful situation. Unfortunately, untrustworthy family members may use these trying times to take […]

ANNUITIES – WHAT TO BE AWARE OF? Deferred Annuities – What YOU Should Look Out For

In the New Year for 2014 there are four new elder protection laws that will affect elder abuse cases in a positive way in California, AB 140 adds the definition of “undue influence” for the California Probate Code (Prob. Code) which generally governs the process of distributing a decedent’s assets […]

The month of December is filled with gift giving and celebrations, from the eight days of Hanukkah to Christmas Eve. For many reasons, monetary gifts are a popular choice—a check is far easier to wrap, and gives the recipient freedom to choose something they want or need. Financial elder abuse […]